The Federal Reserve likely won't raise short-term interest until 2011 because economic growth and inflation remain weak, Pimco's Bill Gross told CNBC.
The American public believes that Washington is failing on fiscal responsibility, David Walker, former U.S. comptroller general told CNBC on Wednesday.
Blackrock Vice Chairman Bob Doll says 2010 will be positive for stocks but there could be bumps along the way.
Why did Mr. Greenspan and Mr. Bernanke miss the housing bubble? The New York Times explains.
Time magazine's Man of the Year Ben Bernanke gave a speech this past weekend, and at first I thought he was defending the excessively loose monetary policy that led to the recent crisis.
Even Americans who are lucky enough to have work in this economy are becoming more unhappy with their jobs, according to a new survey that found only 45 percent of Americans are satisfied with their work.
U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally showed Monday.
Markets edged lower on the final trading day of a wild 2009. John Merrill, founder and CIO of Tanglewood Wealth Management, and Andrew Kanaly, chairman of Kanaly Trust Company, shared their market strategies.
Business activity in the U.S. Midwest expanded less robustly than originally thought this month, an industry association reported Thursday, and the sector's employment recovery failed to reach expansionary territory.
With the economy still in the tentative recovery stage, many investors are divided on whether a double-dip recession is on the cards. The uncertainty makes building a portfolio for 2010 all the harder as many sectors could only do well in certain economic circumstances.
Markets are likely to be more volatile and US markets are likely to outperform emerging markets in 2010, Marc Faber, author of the Gloom, Doom and Boom Report, told CNBC Wednesday.
The odds of the U.S. economy slipping back into recession next year are 50/50 if the government doesn't introduce any fresh stimulus measures, Len Blum, managing director at Westwood Capital, told CNBC Wednesday.
US gross domestic product could grow at an annual rate of as much as 3 percent next year as consumers and businesses start to regain confidence, Peter Cardillo, chief market economist from Avalon Partners, told CNBC Tuesday.
As interest rates are set to rise, investors should position themselves away from bonds to avoid being caught in a severe fall in prices, Dan Deighan, founder of Deighan Financial Advisors, told CNBC Tuesday.
In an exclusive interview with Xinhua News, Chinese Premier Wen Jibao discussed two key issues that are the economic equivalent of the immovable object meeting the irresistible force.
The percentage of job seekers starting a business has doubled in this recession. Here are some laid-off professionals turned happy, successful entrepreneurs who give new meaning to economic recovery.
The risks of a second leg down for the economy is small but the economy, especially the housing sector, still has a long way to go before it reaches recovery, Harvard Professor Kenneth Rogoff told CNBC Wednesday.
When the curve is wide and upward sloping, as it is today, it tells us that the economic future is good. When the curve is upside down, or inverted, with short rates above long rates, it tells us that something is amiss -- such as a credit crunch and a recession.
"We’re getting a snapback that, when judged with those from other deep recessions, is pitiful,” quips one economist who compares the economy to a patient recovering from a near fatal auto accident.
The U.S. economy grew at a much slower pace than initially thought in the third quarter, restrained by weak business investment and a slightly more aggressive liquidation of inventories, according to data on Tuesday.